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Coinbase stock falls toward 4th-straight loss, after first non-bullish analyst starts coverage
Analyst Dan Dolev at Mizuho broke ranks with his Wall Street peers, as he became the first to initiate coverage of Coinbase Global Inc. with something other than t.....»»
Bumble stock jumps after first analyst starts coverage, with a "positive" rating
Shares of Bumble Inc. surged 2.6% in midday trading Thursday, a day after closing at the lowest price since going public, as the dating-app operator received its first endorsement from a Wall Street analyst. .....»»
En route to Wall Street, air taxi unicorn Joby Aviation picks up Ford CFO
He is leaving a job where he is responsible for the financial operations of a $100 billion revenue operation to join an air taxi company that doesn't expect to be able to operate as a commercial carrier until 2024......»»
Wall Street starts higher one day after epic short squeeze
Stocks opened higher Thursday as investors looked past Wedn.....»»
The Wall Street Journal: Colombian airline Avianca files for Chapter 11 bankruptcy
Colombian airline Avianca Holdings SA filed for bankruptcy protection in the U.S. as travel restrictions curtail flights and the company vies for public assistance from the Colombian and other governments to endure the coronavirus pandemic......»»
The Wall Street Journal: U.S. states move to expand coronavirus testing
State leaders across the U.S. are moving to expand testing for the new coronavirus, while lifting some restrictions on travel and business that have crippled the nation’s economy......»»
Expedia nearing deal to sell stake to Silver Lake and Apollo: WSJ
Online travel services company Expedia Group Inc is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion, the Wall Street Journal reported on Tuesday......»»
The Wall Street Journal: Expedia near deal to sell stake to private-equity firms
Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business......»»
Airbnb"s losses swelled to $674 million last year, even before the coronavirus crisis crushed its business
Richard Drew/AP Airbnb lost $674 million last year, which was hundreds of millions of dollars more than it lost in 2018, The Wall Street Journal reported. The online travel company's revenue jumped 32% year-over-year, but its costs rose even faster, clim.....»»
TripActions cuts hundreds of jobs as COVID-19 sinks corporate travel
TripActions Inc. on Tuesday made a deep cut in staff after the coronavirus pandemic sharply curtailed its corporate travel business. The Wall Street Journal cited an unnamed source who said the move involved hundreds and cut the Palo Alto company's wo.....»»
Plunging Wall Street stocks end record bull run
Wall Street tanked on Thursday, slamming the book on the longest-ever U.S. bull market after new travel restrictions to curb the coronavirus spread spooked investors and rattled world markets......»»
Dow heads for worst day since 1987 as record bull run ends
The Dow Jones index was on course on Thursday for its worst performance since Wall Street's "Black Monday" crash of 1987, as President Donald Trump's move to curb travel from Europe added to growing corporate distress over the coronavirus pandemic......»»
Stocks plunge as travel ban stuns Wall Street
The S&P 500 and Nasdaq joined the Dow in bear market territory after a White House decision to institute a travel ban from Europe stoked fear the coronavirus pandemic could lead to a global economic recession. Conway G. Gittens reports......»»
Wall Street enters bear market as Europe travel ban stuns investors
The S&P 500 and the Nasdaq cratered into a bear market on Thursday as a shock move by President Donald Trump to suspend travel from Europe rattled investors already shaken by fears of a global recession on the back of a coronavirus pandemic......»»
Market Snapshot: Stock futures plunge after Trump announces suspension of U.S.-Europe travel
U.S. stock futures dipped late Wednesday, as President Donald Trump addressed the nation following another steep selloff on Wall Street that snapped a more-than-decade-long bull market for the Dow......»»
Market Snapshot: Stock futures sink after Trump announces suspension of U.S.-Europe travel
U.S. stock futures dipped late Wednesday, as President Donald Trump addressed the nation following another steep selloff on Wall Street that snapped a more-than-decade-long bull market for the Dow......»»
From travel bans to disaster-recovery sites, here"s everything we know about how Wall Street firms are handling the spread of coronavirus
Simon Dawson/REUTERS; Samantha Lee/Business Insider The spread of coronavirus has sent Wall Street banks scrambling to put in place policies to protect workers and clients and make sure business can carry on with as little disruption as possible. .....»»
Wall Street Week Ahead: Investors look for buys as virus fears crush travel stocks
Bargain-hunting investors are eyeing the shares of airlines, hotels, cruise lines and other companies that have been among the worst-hit by the coronavirus outbreak......»»
From travel bans to disaster-recovery sites, here"s everything we know about how Wall Street banks are handling the spread of coronavirus
Simon Dawson/REUTERS; Samantha .....»»
Wall Street drops over 3% on virus fears, travel shares slammed
U.S. stocks tumbled on Thursday, with shares of banks and travel companies taking a beating, as a new wave of fear about the spread of the coronavirus and its economic impact gripped investors just one day after election results powered a rally......»»